On Christmas Eve of 2020, attorney John Deaton felt rocked by the United States Securities and Exchange Commission’s lawsuit against Ripple and its two executives — CEO Brad Garlinghouse executive chairman Chris Larsen. As he read that the SEC was charging Ripple for selling unregistered securities worth over US$1.3billion from 2013, his surprise turned to disbelief. As Ripple and SEC intensify their legal warfare, attorney John Deaton and his clients want in. Will XRP investors get their day in court?

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Timestamps:

0:00 - Intro
1:29 - Why did you take this case?
3:13 - Divergence of opinions on XRP
9:10 - Lawyer's perspective on SEC vs Ripple
12:01 - Reality of XRP holders
15:39 - Responding to the SEC's allegations against Deaton
19:52 - Significance of SEC vs Ripple
27:09 - Impact on the future of crypto
33:57 - Bifurcation of the crypto industry
36:34 - Deaton's message to his clients

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